Talking Logistics

JUNE 29, 2017

The first one arrived a few years ago when a growing number of companies started treating supply chain design as a continuous business process instead of a standalone project or a once-a-year exercise. It was a strategic/tactical analysis, disconnected from day-to-day operations, and the software tools were difficult to learn and use.

Supply Chain Design Software 43

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 43

Logistics Bureau

MAY 31, 2021

Unless your company has already invested in the processes and technology to support the addition of online retail logistics to your channel strategy, attaining a single view of your inventory and customers could prove difficult. You will probably find, from your initial analysis, that your cost-to-serve follows the 80/20 rule.

Cost Reduction 98

Cost Reduction Purchasing Skills Expense Reduction Inventory Reduction 98

Logistics Bureau

APRIL 15, 2016

The purpose of a warehouse is to provide storage of products to meet customer demands and inventory allows the decoupling of demand and supply. Often this inventory is used to smooth out the supply chain from disruptions (whatever they might be). All of these symptoms potentially are a sign that a slotting exercise is overdue.

Waste Reduction 73

Waste Reduction Supply Chain Planning Software Cost Reduction Inventory Reduction 73

Logistics Bureau

NOVEMBER 14, 2018

Too much leads to resources being monopolised on gathering tons of data and a subsequent risk of “paralysis by analysis” Cost to Serve (CTS) is an approach that helps you avoid both extremes. Besides optimising the present or fixing the past, CTS reporting and analysis opens the door to what-if scenarios and projections.

Purchasing Skills 93

Purchasing Skills Cost Reduction Supply Chain Planning Software Supply Chain Design Software 93

Logistics Bureau

JANUARY 7, 2020

Pioneered the use of vendor-managed inventory. Implemented cross-docking in its supply network to enable inventory reductions. If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise.

Supply Chain Design Software 111

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 111

Logistics Bureau

JULY 18, 2022

Inventory levels. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Now you know what your customers genuinely expect from your outbound and reverse supply chain, so it’s time to undertake a gap analysis. Step 2: Gap Analysis – Customer Requirements and Supply Chain Trends. Delivery time windows.

Inventory Reduction 98

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 98

Logistics Bureau

OCTOBER 2, 2016

If your supply chain network design has not been under the microscope, and you care about business success, it’s probably time to consider the benefits of a design review and optimisation exercise. Inventory shortages. Inventory and storage costs. Inadequate inventory management. Long delivery lead times.

Supply Chain Design Software 99

Supply Chain Design Software Supply Chain Design Inventory Reduction Cost Reduction 99

Logistics Bureau

AUGUST 2, 2021

For example, you might use simple observation to identify visible defects at goods-in, or you could make your analysis a bit deeper by testing a percentage of items received from the supplier. In procurement, cost analysis is not just about the price of your company’s purchases. Cost per Purchase Order and Cost per Invoice.

Procurement Analytics 98

Procurement Analytics Procurement Solutions Optimal Sourcing Procurement 98

Logistics Bureau

OCTOBER 10, 2024

If you’d like to implement an effective slotting strategy and process in your warehouse without diverting your resources from the day-to-day operation, our inventory management consultants will be pleased to take on the task and help you achieve the above benefits. To do a proper analysis though, we need to go a bit more in-depth.

Production 74

Production Inventory Reduction Cost Reduction Expense Reduction 74

Logistics Bureau

DECEMBER 19, 2022

A detailed exploration of slotting methodology will come later in this article, but it’s worth mentioning now that slotting should focus on inventory ergonomics (for want of a better expression). It also stands to reason that when you undertake a slotting exercise, you should think about it from the perspective of these activities.

Production 98

Production Inventory Reduction Cost Reduction Resource Reduction 98

Blue Grace Logistics

JUNE 1, 2021

Specialized data analysis firms such as Cargonet have found that cargo theft is peaking and the losses being suffered by manufacturers, shippers, and logistics service providers have reached historic highs. It is information analysis that plays a critical role in the prevention of crime.

Logistics Network Optimization Software 62

Logistics Network Optimization Software Supply Chain Software Cargo Tracking and Tracing 62

Logistics Bureau

MAY 24, 2019

The company was replenishing dealers’ inventory weekly, using direct shipment and cross-docking operations from source warehouses located near Deere & Company’s manufacturing facilities. The only option was to try to reduce levels of inventory, which, up to that point, had been kept very high to support a nine-week order cycle.

Cost Reduction 77

Cost Reduction Inventory Reduction Expense Reduction Price Reduction 77

Logistics Bureau

APRIL 3, 2023

Through collaboration with your procurement partner, you can reduce inventory levels and then potentially downsize your warehouse capacity needs. For instance, automated order processing can reduce order processing time, while predictive analytics can help forecast demand more accurately, reducing the risk of stock-outs or excess inventory.

Outsourcing 98

Outsourcing Optimal Sourcing Supply Chain Software Cost Reduction 98

GlobalTranz

NOVEMBER 12, 2015

Will an inaccurate picking result in one error for the original problem or two errors for sending an incorrect product and retaining the original, correct product in your inventory? However, you must exercise caution to make sure you do not damage your vendor-shipper relationship. Metrics and KPIs.

Data 91

Data Vendor Strategies Logistics Network Optimization Software Expense Reduction 91

3PL Links

JUNE 19, 2024

Efficient inventory management To prevent running out of stock or having too much on hand, you must exercise caution when handling the inventory of your company. Utilize inventory management tools to estimate demand and monitor levels. This expedites the logistical process and lowers errors.

Expense Reduction 48

Expense Reduction Inventory Reduction Optimal Sourcing Sourcing Strategies 48

Blue Grace Logistics

MARCH 26, 2019

Better planning: Intelligent automation can integrate and streamline transportation planning, route planning, warehouse network, and inventory planning. However, like with all new things, there’s a need to exercise caution. However, like with all new things, there’s a need to exercise caution.

Supply Chain Software 54

Supply Chain Software Supply Chain Planning Software Supply Chain Design Software Supply Chain Design 54

GlobalTranz

OCTOBER 29, 2015

With this varied inventory, plus a large direct sales force in more than 170 countries and an unpredictable sales cycle, effective supply chain management is critical for continued growth. After completion of its customer-centric supply chain analysis, Whirlpool knew innovation was necessary to maintain a competitive advantage.

Case Study 93

Case Study Supply Chain Design Software Supply Chain Planning Software Supply Chain Software 93

Logistics Bureau

AUGUST 17, 2017

Re-balancing inventory across the business to improve service and reduce costs. However shocked you may be by the results of a cost-to-serve analysis, avoid the knee-jerk reaction and instead, use your new-found knowledge to turn unprofitable customers and products into profitable ones. Varying the service level to certain customers.

Purchasing Skills 45

Purchasing Skills Cost Reduction Inventory Reduction Resource Reduction 45

Logistics Bureau

NOVEMBER 6, 2023

For example, could some areas of your warehouse be adapted via racking optimisation to store higher inventory volumes? If so, other areas might house less inventory (perhaps slow-moving SKUs only) or be assigned as bulk storage, requiring less use of artificial light and other costly energy resources. Are Our Processes Optimal?

Cost Reduction 98

Cost Reduction Purchasing Skills Waste Reduction Material Savings 98

Blog on Log

AUGUST 19, 2006

However, in reality most strategic planning exercises neither embed foresight, nor create responsive networks. It also includes ‘what-if’ sensitivity analysis and simulation techniques to sense the effects of delta changes in demand, supply, or network and helps respond better to changes.

Supply Chain Planning Software 40

Supply Chain Planning Software Logistics Network Optimization Software Tracking and Tracing Supply Chain Design Software 40

Camelot 3PL Software

JANUARY 16, 2022

The adage Speed, Quality, Cost – Pick two is an everyday exercise. As the US population continues to move into urban areas and increase online spending, the need to have inventory closer to the consumer will continue. With inventory scattered in more warehouses, the need for accurate information about the inventory is high.

Warehousing 52

Warehousing Trends 3PL Supply Chain Planning Software 52

Logistics Bureau

AUGUST 1, 2022

The need for any S&OP process to have an executive sponsor who actively participates in the process, albeit only by exercising final approval over plans and, of course, making any decisions that call for executive authority, cannot be overstated. Inventory turns. The Executive Sponsor. Delivered on time and in full (DIFOT).

Supply Chain Planning Software 98

Supply Chain Planning Software Scenario Planning Operations Supply Chain Design Software 98

Logistics Bureau

JULY 21, 2017

While a number of factors are doubtless contributing to the Kmart demise, only a minor amount of analysis is required to identify supply chain misalignment as being one of the primary issues, which the company has never managed to correct. Vendor-managed inventory programs. The Failing Kmart Business Strategy.

Cost Reduction 68

Cost Reduction Inventory Reduction Price Reduction Vendor Strategies 68

Logistics Bureau

AUGUST 21, 2016

That’s not to say that the following signs and symptoms are harbingers of disaster, but they should certainly prompt a distribution network design review, along with a modeling exercise to check if your outbound supply chain is maintaining that all-important balance between cost and service. Too Much Inventory.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Design Distribution Networks 40

Logistics Bureau

JANUARY 30, 2017

Strange as it may seem, many business leaders don’t have the answers to these questions , because they’ve never conducted an exercise to understand the costs involved with supplying their customers. Increases in obsolete and/or excess inventory. Do you supply certain products to certain customers at a loss?

Supply Chain Design Software 67

Supply Chain Design Software Supply Chain Planning Software Supply Chain Design Supply Chain Software 67

GlobalTranz

DECEMBER 1, 2015

this exercise helps retain mobility in the damaged joints". The top three technology priorities of industrial manufacturing CEOs are mobility (73%), cybersecurity (72%) and data mining and analysis (70%). But, what does mobility exactly mean? When you look in the dictionary, you get the following: mo·bil·i·ty. mōˈbilədē/.

Supply Chain Design Software 54

Supply Chain Design Software Supply Chain Software Modeling Software Inventory Reduction 54

Logistics Bureau

JANUARY 20, 2025

Step 2: Gap Analysis Customer Requirements and Supply Chain Trends Now you know what your customers genuinely expect from your outbound and reverse supply chain, so its time to undertake a gap analysis. Ideally, though, evaluating your position against competitors should not solely be a KPI benchmarking exercise.

Inventory Reduction 40

Inventory Reduction Resource Reduction Vendor Strategies Cost Reduction 40

Logistics Bureau

JULY 18, 2018

They may recall inventory from retailers or reprocess it because it has passed its sell-by date or demand is insufficient. Network analysis will be crucial for finding the best configuration of return centres, given factors like retail locations and transport facilities with backhaul possibilities. Speed will be an important factor.

Reverse logistics 53

Reverse logistics Vendor Strategies Logistics Network Optimization Software Inventory Reduction 53

Infosys Supply Chain Management

FEBRUARY 8, 2012

They expand into an analysis of revenue-accruing & cost-optimizing functions, and result in the identification of capabilities that the organization aspires to develop or enhance. Let us take an initiative such as Inventory Optimization as an example. Enterprise transformations are a multi-year exercise in the making.

Supply Chain Planning Software 34

Supply Chain Planning Software Optimal Sourcing Supply Chain Software Supply Chains 34

Infosys Supply Chain Management

MARCH 30, 2015

Maintenance & Repair Inventory: The materials required to carry out the shutdown are procured and stored in the storeroom/staging area. Inventory Reconciliation: Any work in progress/raw material type of materials should not be present in the shop floor, these could prove to be a hazard. check for any leakage, noise, insulation.

Inventory 24

Inventory Procurement Exercises Analysis 24

FLS Transport

JANUARY 4, 2021

Inventory re-stocking is at the top of the list. Retailer’s inventories were decimated last year by a massive change in consumer buying habits. And while retailers were able to modestly re-stock going into peak, data now shows that they lack adequate inventory. Inventory replenishment will continue well into 2021.

Freight 52

Freight Supply Chain Planning Software Supply Chain Software Logistics Network Optimization Software 52

Infosys Supply Chain Management

SEPTEMBER 30, 2014

Very recently I was a member of a project team implementing an Asset/Inventory Management system for a well-known pipeline maintenance company in North America. In the course of the implementation I had the opportunity to interact with the business leads managing both operations and inventory functions in the organization. At ABC Corp.

Inventory 20

Inventory Analysis Blog Exercises 20

Logistics Bureau

JULY 27, 2016

However based on observations made in the course of our consulting work, many organisations perceive it as a purely remedial or punitive exercise. This in turn makes it easier to strengthen inventory management, cycle time optimisation and other elements of your supply chain. Why is this a mistake?

Vendor Strategies 40

Vendor Strategies Resource Reduction Waste Reduction Inventory Reduction 40

Logistics Bureau

OCTOBER 19, 2017

Risk Assessment and Business Impact Analysis. Making the business impact analysis is the next step. Taken to extremes, reckless spending on business continuity might even make your business go bankrupt, which would defeat the point of the exercise. The price to pay is the excessive costs of holding all the inventory.

Supply Chain Planning Software 45

Supply Chain Planning Software Supply Chain Design Software Supply Chain Design Supply Chains 45

Logistics Bureau

DECEMBER 28, 2024

For enterprises that run their own fleets, merely dealing with the complexity of transport networks, contractors, inventories, industrial unions and cost control is tough enough, so achieving 98% on time performance is for many, just a dream. To assist your analysis, examples of industries are plotted on the matrix. This is a mistake.

Outsourcing 52

Outsourcing Inventory Reduction Cost Reduction Price Reduction 52

Conger

JULY 20, 2020

This portion of training must consist of “demonstrations performed by the trainer and practical exercises performed by the trainee” [OSHA standard 1910.178(l)(2)(ii) ]. Then, when you start, you’ll watch videos, do some reading, and complete interactive exercises to help you learn and retain the information. Track inventory.

How To 63

How To Buyer Training Training Course 63

The Logistics Academy

FEBRUARY 13, 2017

On the more traditional side, evaluating where and how to position inventory to serve both online and brick-and-mortar retail customers is a big logistics issue. Our students take courses in statistical analysis and business intelligence, where they learn the tools necessary to measure risk. It is also an exercise in trade-offs.

Supply Chain Design Software 40

Supply Chain Design Software Supply Chain Planning Software Supply Chain Software Supply Chain Design 40